The basic financial statement that discloses the assets, liabilities, and equities of an entity at a specified date in conformity with Generally Accepted Accounting Principles.

A financial statement that reports a company's assets and the claims against them (liabilities and stockholders' equity) at a set date noted on the statement. Also called balance sheet.

This statement can also be known as the Balance Sheet. It reports the organization's assets, liabilities and net assets (fund balances) at a specified date to show the overall net worth (or net loss).

An inventory of an individual's assets and liabilities at a particular moment in time. Record includes a net worth calculation, which subtracts the liabilities from the assets. Also known as a Net Worth Statement.

Also known as the balance sheet in the for-profit world, this statement sum­marizes the assets, liabilities, and net assets of the organization as of a specific date.

Another name for the balance sheet.

See Balance Sheet.

One of the three typical financial statements for nonprofit organizations, equivalent to a balance sheet in for-profit accounting. The statement of financial position includes assets, liabilities, and net assets.

A financial report showing the company’s assets and claims against it – liabilities and shareholders’ equity – at a set date noted in the statement. Also called a balance sheet.